Brief: HCL Infosystems Approves HCL Insys Singapore's Decision To Sell Investments In Unit
28/02/2018 09:55
Feb 28 (Reuters) - HCL Infosystems Ltd HCLI.NS :
* HCL INFOSYSTEMS -BOARD APPROVED DECISION TAKEN BY BOARD OF
HCL
INSYS SINGAPORE TO SELL ENTIRE INVESTMENTS IN UNIT HCL
INFOSYSTEMS MEA FZE
* SAYS SELLINGOF INVESTMENTS IN HCL INFOSYSTEMS MEA FZE
ALONG WITH
UNIT OF HCL MEA TO AXIS INVESTMENT INCORPORATED
* SAYS ACQUISITON VALUE IS AED 4.12 MILLION WHICH INCLUDES
BORROWINGS OF HCL MEA OF AED 2.42 MILLION
Source text - http://bit.ly/2t1POif
Further company coverage: HCLI.NS
((Reuters.Briefs@thomsonreuters.com;))
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